Stabell financing
An exploration finance agreement has been signed between Stabell Resources and Sofimines 1987 and Co., Ltd. Partnership whereby Stabell will issue 1.5 million shares at 50 cents per share to Sofimine…
News
Galactic acquires control of All-North
Galactic Resources Chairman Robert Friedland says his company has acquired of 68.45% interest in All-North Resources in exchange for 96.04% interest in Galactic’s subsidiary Hudson-Yukon Mining Co. Fr…
Alberta Stock Exchange Ontex still appealing
While other Alberta-listed exploration companies remain stranded in the $1 to $5 range, Borealis Exploration of Calgary cruised along last year at around $20. Without so much as an oz of production, t…
Queries Trans Columbia shares appear worthless
As a member of an investment group which owns shares in Consolidated Trans Columbia Industries Ltd., I would like to know what has happened to this formerly Vancouver-listed company. A couple of yea…
Report from Calgary Looking ahead to a good ’88
With Christmas and New Year’s behind us, it is time to look at the exploration events of 1987 and to prophesy how they will continue in ’88. The Alberta Stock Exchange in Calgary boomed along with no …
Soquem seeks interest in titanium property
Soquem, the Quebec Crown corporation, has entered into a joint venture agreement with FinNeth Exploration, a wholly-owned subsidiary of Outokumpu Mines and Billiton Metals, on a titanium property in Q…
New York gold show aimed at the investor (January 11, 1988)
With the pall of Black Monday still hanging over world stock markets, more professional and private investors are taking a close look at gold as an investment which has remained stable, yet still offe…
Queries Rayrock drills Rembrandt’s Bellevista
My mother had 1,000 shares of Rembrandt Gold Mines (formerly 5,000 New Taku Mines) certificates dated Nov 10, 1981. While Rembrandt was apparently delisted and written off as having no value, the is…
Galactic releases new Ivanhoe results
Vancouver-based Galactic Resources and partner Cornucopia Resources have released some new drill results from the Ivanhoe joint venture gold property at Carlin, Nev. Galactic Chairman Robert Friedland…
Vista gets flow-through
A $3.2-million flow-through financing has been completed by Vista Mines which will fund exploration work on the company’s Bootleg Lake property near Flin Flon, Man. A decline ramp on the Rio gold depo…
Canadians close in on $7-million gem collection
O A Montreal doctor has scored what may be regarded in mineralogy circles as one of this century’s major coups. After obtaining an option to buy one of the world’s finest privately-owned mineral colle…
FUTURES PRICES (January 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 130.50 140.00 + 3.65 Mar 123.00 117.30 122.90 — 0.10 May …